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Jay Kailash Namkeen Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Jay Kailash Namkeen Ltd IPO

Registered Office: Deeva House 4th Flr Diwanpara,11/12 Corner Rajkot City , Rajkot - 360001 , Gujarat , India.
Phone : 0281 2993 110   Fax:
Email :  cs@jaykailashnamkeen.com  
Website :  www.jaykailashnamkeen.com
Initial public issue of up to 16,33,600 equity shares of face value of (Rs)10/- each ("Equity Shares") of Jay Kailash Namkeen Limited ("Company") for cash at a price of (Rs)73 per equity share (including a share premium of (Rs)63 per equity share) ("Issue Price") aggregating to (Rs)11.93 crores of which up to 83,200 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)73 per equity share including a share premium of 63 per equity share aggregating to (Rs)0.61 crores is reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 15,50,400 equity shares of face value of (Rs)10/- each at a price of (Rs)73 per equity share aggregating to (Rs)11.32 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 32.69% and 31.03% respectively of the post issue paid up equity share capital. The Offer Price is (Rs)73 per equity share of face value of (Rs)10 each. The Offer price is 7.3 times of the face value. Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Mar-24 03-Apr-24 (Rs)73.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 9.93
Expert Global Consultants Pvt Ltd
Project Financed through Current Offer 11.93  
Post Issue Equity Share Capital 5.00  
Issue Price (Rs)73.00  
 
Projects
To Meet Working Capital RequirementGeneral Corporate Expenses
Promoted By
Neel Narendrabhai Pujara  
Tulsi Neel Pujara  
Listing At
BSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt